Market report / Israeli shares hover around par after the budget is sent to ministries
Painful tax increases and spending cuts will be put to the vote this Monday.
The Tel Aviv Stock Exchange eased Wednesday in a day of ups and downs after the budget proposal for the rest of this year and all of 2014 was sent to the ministries. This coming Monday, the cabinet is slated to vote on the document, which includes painful tax increases and spending cuts.
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